Buying a property in NYC and renting it out, seem like a great business especially nowadays when so many people flood the New York streets in hopes of building a career. Being a landlord, however, is not as easy as some may think. There are so many rules and regulations that must be met in order to ensure the safety of both tenant and landlord—so much so that it can be intimidating and confusing for individuals or businesses who first assumed that managing a property was easy. The following are some of the many federal laws that New York implements when it comes to property management: Anti-Discrimination Laws – Landlords are not allowed to refuse prospective tenants based on race, religion, nationality, sex, medical condition, or family status. When advertising their properties, they are also not allowed to set limits on who can and cannot rent, if it discriminates the individual based on the mentioned categories.
http://www.blueharbourpropertymanagement.com/the-ins-and-outs-of-property-management-building-management-in-nyc/
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